[RT] 07-11 is .618 Time Ratio Projection Date off the May Low

[Jpilleafe@xxxxxxx]

Hello everyone,...

For anyone interested in fibonacci number time ratio projections,...
note that 07-11 is interesting: 

>From 03-10 HIGH to 05-24 LOW (centered btwn 05-23 NASDAQ low, and 05-25 
S&P500 low) was 52 mkt days. 

52 mkt days x 0.618 = 32 mkt days,..added to 
05-24,..equals today 07-11 as a .618 time ratio date. 

What does this mean,..simply that we are in the "time" area where an end 
of the upmove off the May low would be logical. Doesn't mean it should, 
or will, happen,..just a measuring tool,..(much like how stocks often 
find support at the 50% retracement level of a decline,.etc.) that serves 
as a guide. 

HOWEVER,...IMHO,..THE VALUE OF A TOOL SUCH AS THIS INCREASES SIGNIFICANTLY 
WHEN IT IS COMBINED WITH OTHER INDICATORS. For instance,..the fact that the 
lowrisk.com weekly survey (posted last evening) 
came in at all time record high number of Bulls,...increases in my mind the 
chance that this 07-11 time frame may in fact mark a turn of significance. 

Also note other posts on RT forum recently referring to the importance of 
the 07-13 and 14 dates as likely timeframe for a turning point. My personal 
feeling (dsiclaimer: which is likely wrong) is that from here this should not 
be a quiet week,..that within the next 1-3 days,..we'll see a turn of 
significance. 
So this is one tool in the box,..among many. What I look for is a 
preponderence of evidence so to speak...then I pay attention.   

Any thoughts or comments verymuch appreciated.  

Regards, JIM Pilliod